61 Agassiz Drive

Property Overview: 61 Agassiz Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Agassiz offers a practical and comfortable living proposition. Its key characteristics include a renovated basement, an attached garage, and a notably generous 6,656 sqft lot, which places it in the top 38% for land size on its street. The 1,310 sqft living area provides ample space for a smaller household.

The appeal of this property lies in its balance of established neighbourhood character and recent updates. The fully renovated basement adds significant functional living space or rental potential. The large lot is a standout feature, offering abundant outdoor space for gardening, recreation, or future expansion—a rarity compared to many newer developments. Its recent sale history suggests a home that has been actively maintained and upgraded.

This home would best suit first-time buyers, downsizers, or practical investors seeking a solid, single-level layout in a mature neighbourhood. It’s ideal for those who value private outdoor space over a large interior footprint and appreciate a property with recent renovations that mitigate the need for immediate major projects.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" entail?
While the listing confirms the basement is renovated, specifics on the finish quality, layout, and whether it includes a separate entrance or kitchenette (potentially for a suite) are not provided. A viewing or inquiry with the listing agent is necessary for these important details.

2. How does the assessed value compare to the recent sale price?
The 2023 sale price of $420,000 is significantly higher than the current assessed value of $44,100. This is common, as municipal assessments for tax purposes often lag behind market values and may not fully capture recent renovations or interior condition.

3. Is the large lot a benefit for future expansion?
Potentially, yes. The lot size is well above average for the area. Buyers with future plans for an addition, a large garage, or a garden suite should verify zoning bylaws and setback requirements with the city to understand the possibilities.

4. The home was built in 1962. What should I be aware of?
While the basement has been renovated, a home of this age may still have original components elsewhere, such as the roof, windows, or major systems (plumbing, electrical). A thorough home inspection is strongly recommended to assess the condition of these elements.

5. How does the property rank for its living area size?
At 1,310 sqft, the living area is in the top 62% for Winnipeg, indicating it's a reasonably sized home for the city. However, on its own street and in Agassiz, it ranks in the bottom half, meaning some neighbouring homes are larger. This highlights the property’s value as a comfortable, but not oversized, home on a premium-sized lot.